Practice Gems: Administration of Estates 2011 – Avoiding the Pitfalls

This program will help you understand the complexities lawyers and executors face when administering an estate. Learn administration guidelines and best practices for estate trustees, how to avoid administration minefields, and things to consider in administering a bankrupt estate. Join us with our speakers as they share their valuable experience and to help you avoid troublesome pitfalls in estate administration.

You will learn about

• Discharging fiduciary obligations ? delineating the solicitor’s role when advising the estate trustee in an administration
• Recognizing and avoiding common pitfalls
• Dealing with issues of abatement
• Administering the bankrupt estate and exploring the differences between handling an insolvent estate versus a bankrupt estate
• Understanding the bankrupt estate and exploring the differences between handling an insolvent estate versus a bankrupt estate
• Understanding your obligations when litigation arises, including claims relating to Will Challenges, Family Law Act elections and other claims against the Estate
• Knowing when to advise your estate trustee client to retain litigation counsel
• Determining when tax planning is necessary in an administration
• Filling an interpretation application – when is it appropriate? Procedural Implications